Brazil

NIA: QE2, The Last Gasp Of A Monetary System

Does Bernanke's move with QE2 on Wednesday look like a 'Hail Mary' pass to you? From National Inflation Association: This week, millions of Americans went to the polls to vote. They went to vote for candidates who said they were going to cut taxes, raise taxes, or keep taxes the same. But they went to make their voice heard, meanwhile, Ben Bernanke and his banking friends raised taxes on the entire world. And they did not have to go to Congress, they did not have to debate with the Obama administration or whether they were going to extend or phase…
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Glenn Beck, 9.21.2010: It’s All About Global Wealth Redistribution

Please make sure to thank Bill Clinton (Progressive(D)) and Newt Gingrich (Progressive(R)) for giving us the WTO and free trade...look how it has balanced the world. We created global trade.  We created global finances.  We created global companies, but we forgot to create a global government. - Andy Stern (SEIU) Wow - Glenn has joined the rest of the tinfoil hat wearing crowd that realizes that the universe usually has an intrinsic balance, and when events are out of kilter; there's a good reason why.  I do believe that Glenn has become a devout believer in 'if it looks like…
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The Dollar Is Losing It’s Luster And Obama Is Still Busy Making Deals

Is everybody ready to go here and sign up to run for political office?  You might be after you read this post. Pimco Says Dollar to Weaken as Reserve Status Erodes (Update3) Aug. 19 (Bloomberg) -- Pacific Investment Management Co., which runs the world’s biggest bond fund, said the dollar will weaken as the U.S. pumps “massive” amounts of money into the economy. The dollar will drop the most against emerging-market counterparts, Curtis A. Mewbourne, a Pimco portfolio manager, wrote in a report on the company’s Web site. The greenback is losing its status as the world’s reserve currency, he…
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